The legendary investor is not surprised by the recent crash in the cryptocurrency market.Investor Michael Burry has built his reputation by being skeptical of financial assets and products that arouse ...
BREAKING: crypto
We have seen over the last several years that the crypto ecosystem is becoming more resilient and we believe in time that outliers that misuse user funds will be weeded out by the free market. As ...
Crypto chaos continues as Binance drops bid to buy rival FTX
Binance, the world's largest crypto exchange, said it is dropping its offer to buy rival FTX after a review of the company turned up serious problems.
Japan’s Credit Ratings May Hinge on BOJ Policy Changes, S&P Says
Bank of Japan policy may become the most crucial element in deciding the nation’s creditworthiness, S&P Global Ratings said, suggesting the central bank’s action has the potential to trigger its first ...
COP27: Japan lead in first ‘fossil finance
By Godwin Oritse with agency report FOLLOWING its heavy financial commitment to Climate Change finance, Japan yesterday took the lead amongst other countries to clinch the ...
The fate of crypto mining is back on the table in New York
Governor Kathy Hochul faces an end-of-the-year deadline to sign or veto a crypto mining moratorium. Climate and clean energy goals hang in the balance.
Crypto Crash Deepens: Bitcoin Hits 2-Year Low After FTX Implosion
Bitcoin fell to $17,000 for the first time since November 2020, while Coinbase stock fell more than 20% since Monday.
Chinese crypto billionaire poised to acquire distressed rival says it’s not a ‘win’ and there’s ‘a lot of tough work ahead’
On Tuesday, the world’s largest crypto exchange Binance announced it signed a non-binding letter of intent to acquire one of its biggest rivals: FTX, headed by Sam Bankman-Fried. The man called ...
Troubled crypto exchange FTX investigated by US regulators over customer funds
Fried's crypto exchange FTX attracts scrutiny from U.S. regulators for its handling of customer funds, liquidity troubles ...
Crypto Has Reinvented Bank Runs
FTX’s crisis is a reminder of what is right about traditional finance.
Crypto Security Is Even More Important After The FTX Meltdown
Further shaking the confidence of investors and regulators in the crypto space, the spectacular meltdown and collapse of FTX – the white knight of the space until recently – further highlights the ...
Tom Brady Likely Lost Big With FTX Crypto Collapse
The football star and fashion model Gisele Bündchen sunk an unknown amount of their own funds into FTX in exchange for FTT coin.
Binance’s rescue of FTX shows no crypto company is ‘too big to fail,’ experts say
Despite FTX being the fourth-biggest crypto exchange, the company wasn't immune from the downturn in digital assets.
The Fed’s jumbo-sized rate hikes will uncover more ‘skeletons in the closet’ for crypto after FTX’s rescue, economist says
The Federal Reserve's aggressive interest rate hikes will likely flush further "skeletons" out of crypto markets, an economist warned. The Pearson Institute for International Economics' Martin ...
Binance chief says near collapse of FTX ‘severely’ eroded confidence in crypto industry
We’ll send you a myFT Daily Digest email rounding up the latest Binance news every morning. The near collapse of FTX has “severely shaken” confidence in the crypto industry and will trigger tougher ...
Bitcoin Plummets in Another Crypto Confidence Crisis
Cryptocurrency market drops 11% in 24 hours as questions about crypto firms' solvency mount.The crypto industry is plunged into a new crisis of confidence. As cryptocurrency prices began to stabilize, ...